Property News Roundup 26th May 2025
- US assesses financial support for construction of Cambodia airport
The United States is evaluating potential financial support for the construction of Cambodia’s Techo International Airport, a project aimed at enhancing the country’s aviation infrastructure. Situated approximately 30–40 kilometers south of Phnom Penh in Kandal Province, the airport is designed to become the nation’s primary aviation hub, replacing the existing Phnom Penh International Airport upon its anticipated opening in July 2025. The development encompasses a 4,000-meter runway and is projected to handle up to 50 million passengers annually upon full completion. The project’s estimated cost is around $1.5 billion, with funding sourced from Cambodian investors and local bond issuances. The U.S. interest in supporting this infrastructure aligns with broader efforts to strengthen economic ties and regional connectivity in Southeast Asia. The airport’s development also includes sustainable design elements, such as the GreenSky initiative, aiming to position it as one of the world’s greenest airports. This potential U.S. involvement underscores a strategic commitment to fostering development and counterbalancing regional influences.
May 19th, 2025, x| Nikkie Asia | Link: t.ly/qqcc-
- Cambodian rubber export earnings up as; even as domestic demand grows
Cambodia’s rubber export earnings increased significantly in early 2025, rising by more than 18% compared to the previous year, reaching nearly $150 million. This growth happened despite a 10.5% drop in export volume, driven mainly by a sharp rise in international rubber prices. The average price of rubber latex reached about $1,989 per tonne in April 2025, marking a nearly 30% increase from the previous year. Alongside exports, domestic demand for rubber also grew, fueled by the expansion of Cambodia’s tyre manufacturing industry. The country now hosts seven tyre factories, which continuously boost local rubber consumption. This dual growth in exports and domestic use reflects Cambodia’s strengthened position in the global rubber market. Rubber farmers and exporters have benefited from these positive trends, even as global demand fluctuates. Overall, Cambodia’s rubber sector is experiencing promising development due to favorable market conditions and industrial growth.
May 19th, 2025, | Phnom Penh Post | Link: t.ly/PIad5
- China-proposed Belt and Road Initiative promotes Cambodia’s development, regional connectivity
China’s Belt and Road Initiative (BRI) has significantly contributed to Cambodia’s development, enhancing infrastructure, trade, and regional connectivity. Key projects include the Sihanoukville Special Economic Zone, Phnom Penh-Sihanoukville Expressway, Siem Reap Angkor International Airport, and hydropower plants, which have bolstered Cambodia’s economy, trade, and tourism. These developments have improved transportation networks, spurred trade, and attracted foreign investment, positioning Cambodia as a more attractive destination for businesses and investors. The BRI has also played a crucial role in promoting sustainable development through investments in energy infrastructure, such as hydropower plants and solar panel farms, increasing the country’s green energy production capacity. Additionally, the BRI has fostered cultural exchanges and people-to-people connectivity, enhancing mutual understanding between China and Cambodia. Overall, the BRI has provided substantial benefits to Cambodia, driving its economic and social development.
May 19th, 2025, | Khmer Times | Link: t.ly/Wig_g
- Japan Enhances Investment Commitment in Cambodia’s Economic Future
Japan is intensifying its investment in Cambodia by supporting the establishment of Special Economic Zones (SEZs) to attract Japanese investors. This initiative was discussed during a meeting between H.E. Chea Wutty, Secretary-General of the Investment Committee of Cambodia, and Dr. Shoichi Kobayashi, President of the Japan Development Institute (JDI), with representatives from Belt Road Capital Management also in attendance. The SEZs aim to diversify Cambodia’s industries and investment sources, fostering growth in sectors such as automobile assembly, tire manufacturing, bicycle assembly, furniture production, and electronics manufacturing. Recognizing the increasing interest from Japanese companies in the Cambodian market, H.E. Chea Wutty emphasized the importance of intensifying support for SEZs to attract investments and suppliers. Dr. Shoichi Kobayashi affirmed JDI’s commitment to mobilizing investment and enhancing Japanese business presence in Cambodia, aiming to utilize SEZ development as a strategy for socio-economic growth and job creation.
May 20th, 2025, | Khmer Times | Link: t.ly/UWIPL
- Chinese FDIs into Cambodia ‘strong’ despite Trump tariffs
Despite the U.S. imposing tariffs of up to 49% on Cambodian exports, Chinese foreign direct investment (FDI) in Cambodia remains robust. In the first quarter of 2025, Chinese investments accounted for 56.23% of Cambodia’s total registered capital, totaling $2.5 billion across 172 projects. These investments span various sectors, including manufacturing, infrastructure, and agriculture, with notable projects in Kampong Speu, Svay Rieng, Koh Kong, and Phnom Penh. The Cambodia-China Free Trade Agreement (CCFTA) and the Regional Comprehensive Economic Partnership (RCEP) have further facilitated trade by reducing tariffs and enhancing market access. The influx of Chinese capital has significantly contributed to Cambodia’s economic growth, job creation, and industrial development, solidifying China’s position as the largest source of FDI in the country. This enduring investment trend underscores the resilience of Cambodia-China economic relations amidst global trade challenges.
May 20th, 2025, | Khmer Time | Link: t.ly/Mpqpj
- China cuts key rates to aid economy as trade war simmers
China’s central bank reduced its benchmark lending rates on May 20, 2025, marking the first such cuts since October 2024. The one-year loan prime rate (LPR) was lowered by 10 basis points to 3.0%, while the five-year LPR also decreased by 10 basis points to 3.5%. These adjustments aim to stimulate economic activity amid ongoing trade tensions with the United States. In addition to the rate cuts, major state-owned banks have also reduced deposit rates by 5 to 25 basis points. Despite these measures, analysts express skepticism about China’s ability to achieve its 5% growth target without more substantial stimulus efforts.
May 20th, 2025, | Reuter | Link: t.ly/VdVPk
- Non-tax revenue from Cambodia’s mining sector jumped 80% in 2024
Cambodia’s mining sector experienced a significant surge in non-tax revenue in 2024, with a notable 79% increase compared to the previous year. Minister of Mines and Energy, Keo Rattanak, attributed this growth to the expansion of mining exploration and business activities. The government’s collection from the sector reached nearly $100 million, reflecting a substantial rise in fees and permits. In Kampong Speu province alone, non-tax revenue from mining exceeded $5 million in 2024, with 1,900 direct jobs created across 74 mining operations. Despite being in its early stages, Cambodia’s mining industry has attracted both local and foreign investments, leading to increased domestic supply and export of mineral products. Economist Hong Vanak highlighted that this revenue boost enhances the government’s capacity to invest in infrastructure, healthcare, and technology, contributing to sustainable economic growth.
May 21st, 2025, | Phnom Penh Post | Link: t.ly/5YOAo
- Cambodia’s economy projected to grow at 6.3% in 2025: Draft budget
The Council for the Development of Cambodia (CDC) has set an ambitious goal to approve 500 investment projects by the end of 2025. This initiative aims to bolster Cambodia’s economic growth and create employment opportunities across various sectors. In 2024, the CDC approved 414 investment projects, totaling over $7 billion in capital, marking a record high for the country. The CDC’s commitment to promoting investment is reflected in its efforts to streamline processes and provide incentives for both domestic and foreign investors. By focusing on sectors such as manufacturing, agriculture, and infrastructure, the CDC seeks to diversify Cambodia’s economy and enhance its competitiveness in the global market. This proactive approach underscores the government’s dedication to fostering a conducive environment for sustainable economic development and attracting quality investments.
May 21st, 2025, | Khmer time | Link: t.ly/zTp3b
- Cambodian tariff negotiation team pursue US investment
A Cambodian delegation, led by Deputy Prime Minister Sun Chanthol and Minister of Commerce Cham Nimul, visited the U.S. to negotiate tariffs and enhance bilateral trade. During their trip, they held six meetings with U.S. officials, including Senator Tammy Duckworth and Representative Adrian Smith, to discuss increasing U.S. investment in Cambodia. The delegation participated in the first round of Trade and Investment Framework Agreement (TIFA) negotiations, focusing on reducing import tariff rates. This follows the U.S. announcement of a 49% tariff on Cambodian imports, which was paused for 90 days to allow for negotiations. Chanthol emphasized Cambodia’s advantages for American companies, such as a young labor force and strong government support for private sector operations. Economist Hong Vanak noted that these discussions are vital for showcasing Cambodia’s investment potential to American officials and investors.
May 21st, 2025, | Phnom Penh Post | Link: t.ly/TGQXR
- Trump administration ends Harvard’s ability to enroll international students
The Trump administration has revoked Harvard University’s certification to enroll international students, citing non-compliance with federal regulations. Homeland Security Secretary Kristi Noem announced the decision on social media, warning other institutions to adhere to the law. Harvard has contested the move, describing it as unlawful and detrimental to its academic mission. The university emphasized the importance of international students, who constitute 27% of its student body, in enriching the campus community. The decision has caused uncertainty among over 6,700 international students, many of whom are nearing graduation. Students have expressed confusion and concern about their future in the U.S., with some questioning the timing of the announcement just days before commencement. The situation has sparked a broader debate about immigration policies and their impact on higher education institutions.
May 21st, 2025, | BBC | Link: t.ly/rJec8